| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $68M | $63M | 2.0% | 10.0% |
| Op. Income | $7M | $8M | $10M | -11.5% | -29.9% |
| Gross Margin | 62.8% | 65.1% | 69.6% | -2.4pp | -6.8pp |
| Net Margin | 7.7% | 10.1% | 13.0% | -2.4pp | -5.3pp |
| EPS (Diluted) | $0.17 | $0.21 | $0.24 | -19.0% | -29.2% |
| Free Cash Flow | $2M | $5M | $12M | -66.2% | -87.7% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $44M |
| R&D Expenses | $15M |
| Selling & Marketing | $18M |
| General & Administrative | $4M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $7M |
| Interest Income | $344.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $344.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $797.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $44M |
| R&D Expenses | $15M |
| Selling & Marketing | $18M |
| General & Administrative | $4M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $63M |
| OPERATING INCOME | $7M |
| Interest Income | $344.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $344.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $797.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $797.0K |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$38.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$572.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$540.0K |
| Sales/Maturities of Investments | $96.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $352.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $24M |
| Net Receivables | $50M |
| Inventory | $32M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $19M |
| Goodwill | $0 |
| Intangible Assets | $39M |
| Long-Term Investments | $89M |
| Tax Assets | $10M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $175M |
| TOTAL ASSETS | $316M |
| Account Payables | $13M |
| Short-Term Debt | $8M |
| Deferred Revenue | $38M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $97M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $137M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $179M |
| TOTAL STOCKHOLDERS' EQUITY | $179M |
| Minority Interest | $0 |
| TOTAL EQUITY | $179M |
| TOTAL LIABILITIES & EQUITY | $316M |
| Total Debt | $13M |
| Net Debt | -$12M |
